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AXIOM MINING LIMITED

ANNUAL REPORT 2015

81

COMPANY FINANCIAL REPORT

Statement of changes in equity

for the year ended 30 September 2015

Share

capital

AU$000

Foreign

currency

translation

reserve

AU$000

Share

based

Payment

reserve

AU$000

Accumulated

losses

AU$000

Total

equity

AU$000

At 1 October 2013

62,633

(933)

417

(62,086)

31

Loss for the year and total comprehensive loss

(14,845)

(14,845)

Total comprehensive loss for the year

(14,845)

(14,845)

Transactions with owners in their capacity

as owners

Issue of shares

15,093

15,093

Prepayment for exercise of options

176

176

Equity-settled share option arrangements

703

703

Total transactions with owners and

other transfers

15,269

703

15,972

At 1 October 2014

77,902

(933)*

1,120*

(76,931)*

1,158

Loss for the year and total comprehensive loss

(10,390)

(10,390)

Total comprehensive loss for the year

(10,390)

(10,390)

Transactions with owners in their capacity

as owners

Issue of shares

13,510

13,510

Prepayment for exercise of options

21

21

Equity-settled share option arrangements

902

902

Total transactions with owners and

other transfers

13,531

902

14,433

As at 30 September 2015

91,433

(933)*

2,022*

(87,321)*

5,201

* These reserve accounts comprised the total reserves of AU$86,232 (2014: AU$76,744) in the statement of nancial position.